Merchant Vessel Fees
Please click below to view the fees that are applicable to Merchant Vessels. Further information on fees can be found in the current Regulations or a specific quotation can be requested by contacting us:
REGISTRATION FEES
| Granting permission for a Manx ship to register in a demise charter registry other than in the Island (demise-out) | £685 |
| Demise-out vessel Annual Registration Fee - ship which is technically managed from the Island | £1,190 |
| Demise-out vessel Annual Registration Fee - ship which is not technically managed from the Island | £2,370 |
| Cargo Ship Annual Registration Fee – See below | - |
| Passenger Ship Annual Registration Fee - ship which is technically managed from the Island | £1,130 |
| Passenger Ship Annual Registration Fee - ship which is not technically managed from the Island | £2,250 |
| Transfer of ownership by bill of sale or transmission | £277 |
| Issue of an updated CSR and new certificate of registry (where appropriate) | £277 |
| Replacement certificate of registry or a certified copy of the certificate of registry | £107 |
| Issue of a new certificate of registry if requested, following a change to the registered particulars which does not affect the CSR (if appropriate) | £107 |
| Change to the registered particulars which does not affect the CSR | £42 |
| Transfer of Registry | £865 |
| Transcript | £49 |
| Vessel leaving the Register including closure documentation |
£409 |
ANNUAL CARGO SHIP REGISTRATION FEE
The following Annual Registration Fees are only applicable to Cargo Ships (vessels which are not Passenger Ships, Commercial Yachts, fishing vessels, small ships or Pleasure Yachts).
| Cargo Ship by Gross Tonnage | Annual Registration Fee |
| Up to 3,000gt | £4,460 |
| 3,001 to 10,000gt | £5,090 |
| 10,001 to 50,000gt | £5,720 |
| 50,001 to 100,000gt | £6,360 |
| 100,001 and over | £7,000 |
This fee is payable by all vessels on the register on the 1st of April each year.
The fee is payable on a pro-rata basis by any vessel registering after the 1st of April, this is calculated on a daily basis.
For example a 54,000 gt vessel registering on the 22nd of December 2023 would pay a pro-rata fee of £1,742.47 on registration. (£6,360 ÷ 365 x 100).
A discount of up to 15% on this fee is available if the vessel meets our ‘Green Ship’ criteria. Please see our Fee Discounts page for further information.
ANNUAL PASSENGER SHIP REGISTRATION FEE
The annual fee payable by a Passenger Ship (or Passenger High Speed Craft) is set at £2,370.
A discount of 50% is due on this fee if the vessel is technically managed from the Isle of Man and an additional discount of up to 15% is available if the vessel meets the ‘Green Ship’ criteria. Please see our Fee Discounts page for further information.
MORTGAGE FEES
| Register of mortgage | £277 |
| Transfer of mortgage | £277 |
| Discharge of mortgage | £277 |
| Recording mortgage of intent | £49 |
SURVEY/AUDIT FEES
The Annual Registration Fee includes all fees for General Inspections carried out by the Isle of Man except for the Initial General Inspection and any additional inspection required outside of the normal requirements.
This fee does not include any fees charged by a Recognised Organisation for work they may complete.
The charges for a pre-registration survey, Initial General Inspection or additional inspection are as follows:
| Surveyor travel (including cost of visas) and any port to ship or ship to port transfers | Charged at cost |
| Work undertaken in a port or shipyard in the Isle of Man | £117/hr |
| Work undertaken anywhere other than a port or shipyard in the Island | £3,930 |
| Remote pre-registration survey, remote initial general inspection or remote additional inspection | £3,930 |
| Waiting day fee | £615 |
PASSENGER SHIPS
Passenger ships are treated somewhat differently when it comes to fees for survey and audit, with fees being based on a ‘daily rate’ plus the cost of Surveyors travel and subsistence. Current fees for work within the Isle of Man are £855 per day and £1,610 per day anywhere else in the world. Surveyor down time (travelling or waiting) is charged at £615 per day no matter where. Passenger Ship Safety Certificates are issued by the Ship Registry and incur a fee of £414.
LIABILITY CERTIFICATES
| Certificate of financial insurance or other financial security (CLC, Bunkers etc) for civil liability for oil pollution damage for a Manx ship | £142 |
| Certificate of financial insurance or other financial security (CLC, Bunkers etc) for civil liability for oil pollution damage for a ship not registered in the Island | £287 |
| Wreck removal insurance certificate for a Manx ship | £142 |
| Wreck removal insurance certificate for a ship not registered in the Island | £287 |
A fee of £525 per day is payable for regulatory compliance assistance with the development of novel designs or equivalent arrangements (or similar) for a cargo or passenger ship.
This fee is based on a 7.5 hour day. Surveyor travel and subsistence (including cost of visas) associated with Regulatory Compliance Assistance will be charged at cost.